Celanese (NYSE:CE – Get Free Report) issued an update on its first quarter 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0.250-0.500 for the period, compared to the consensus earnings per share estimate of 1.630. The company issued revenue guidance of -. Celanese also updated its Q2 2025 guidance to 1.250-1.500 EPS.
Analyst Upgrades and Downgrades
Several equities analysts have weighed in on the company. Barclays lowered their target price on Celanese from $88.00 to $75.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 5th. Jefferies Financial Group reduced their price objective on Celanese from $102.00 to $82.00 in a research report on Thursday, December 5th. Mizuho dropped their target price on Celanese from $120.00 to $86.00 and set a “neutral” rating on the stock in a research report on Thursday, December 5th. BMO Capital Markets lowered Celanese from a “market perform” rating to an “underperform” rating and reduced their price target for the company from $138.00 to $76.00 in a report on Monday, November 11th. Finally, UBS Group lowered shares of Celanese from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $161.00 to $97.00 in a research note on Monday, November 11th. Four investment analysts have rated the stock with a sell rating, ten have issued a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $94.29.
Celanese Stock Down 21.5 %
Celanese (NYSE:CE – Get Free Report) last announced its quarterly earnings data on Tuesday, February 18th. The basic materials company reported $1.45 EPS for the quarter, topping analysts’ consensus estimates of $1.25 by $0.20. The company had revenue of $2.37 billion during the quarter, compared to the consensus estimate of $2.36 billion. Celanese had a positive return on equity of 12.01% and a negative net margin of 14.81%. On average, equities research analysts expect that Celanese will post 8.79 earnings per share for the current year.
Celanese Cuts Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Tuesday, February 25th will be paid a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 0.22%. The ex-dividend date of this dividend is Tuesday, February 25th. Celanese’s dividend payout ratio is -20.10%.
About Celanese
Celanese Corporation, a chemical and specialty materials company, manufactures and sells high performance engineered polymers in the United States and internationally. It operates through Engineered Materials and Acetyl Chain. The Engineered Materials segment develops, produces, and supplies specialty polymers for automotive and medical applications, as well as for use in industrial products and consumer electronics.
Featured Articles
- Five stocks we like better than Celanese
- What is a Dividend King?
- Should You Hold Nvidia Stock for the Long Haul or Trade It?
- Investing in Travel Stocks Benefits
- Humana Gains Despite Medicare Advantage Losses—What’s the Catch?
- The 3 Best Retail Stocks to Shop for in August
- Buybacks Galore: 3 Mega-Caps Just Approved Billions in Buybacks
Receive News & Ratings for Celanese Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Celanese and related companies with MarketBeat.com's FREE daily email newsletter.